Robotics & Automation News

Market trends and business perspectives

third

Third Wave Automation raises $40 million in new investment

by Leave a Comment

Third Wave Automation has closed its Series B financing, a $40 million round led by Norwest Venture Partners with participation from prior investors Innovation Endeavors and Eclipse, along with Toyota Ventures.

Third Wave is a startup company which says it has achieved a “breakthrough in machine learning, computer vision and robotic material manipulation”.

The additional funds will accelerate growth and commercialization efforts. As a part of the changes, Matt Howard, general partner at Norwest Venture Partners, will join Third Wave’s board of directors.

Howard says: “I’ve been tracking Arshan and the team at Third Wave for some time and have been consistently impressed. [Read more…] about Third Wave Automation raises $40 million in new investment

30 critical raw materials: EU prioritizes lithium but launches plan to avoid dependency

by Leave a Comment

The European Commission, the administrative arm of the European Union, has listed 30 “critical raw materials” that it wants to secure the supply of while at the same time avoiding becoming dependent on any of them.

The four new additions to the list are bauxite, lithium, titanium and strontium.

Lithium, a fundamental material in the manufacturing of batteries of all kinds, is increasingly gaining importance as more and more people buy electric cars. [Read more…] about 30 critical raw materials: EU prioritizes lithium but launches plan to avoid dependency

South Korea reaches new record of 300,000 industrial robots in operation

by Leave a Comment

South Korea has doubled the number of industrial robots over the past five years to reach a new record of 300,000 industrial robots in operation.

This is according to figures in the World Robotics report, released by the International Federation of Robotics.

The data shows a new record stock of about 300,000 operational industrial robots in the Republic of Korea – more commonly known as South Korea – in 2018, which is an increase of about 10 percent on the previous year. [Read more…] about South Korea reaches new record of 300,000 industrial robots in operation

Kassow Robots adds three ports to its collaborative robots for end of arm tools

by Leave a Comment

Kassow Robots, a startup which launched a new collaborative robot last year, has adding ports into its machines to provide integration with end-of-arm tools.

The Danish robot manufacturer, which develops and produces its 7-axis collaborative robots in Copenhagen, says the ports provide “easy connection of end-of-arm tool directly to a Kassow Robot without cable on the outside of the robot”.

Dieter Pletscher, head of sales at Kassow Robots, says: “All our cobots have three ports with various I/Os and power supply signals. Two of the ports are for digital or analogue input/output. [Read more…] about Kassow Robots adds three ports to its collaborative robots for end of arm tools

Oceaneering selected to ‘digitally’ transform Pacific Drilling’s global fleet

by

Oceaneering International, Inc., and Pacific Drilling have entered into a five-year Digital Services Package agreement to provide Pacific’s customers with better reliability and improved throughput enabling streaming video and real-time data.

This will allow the provision of emerging services such as remote ROV piloting, surveying, and automation aboard Pacific Drilling’s high-specification drillship fleet.

As a result of these efforts, Pacific Drilling’s customers can benefit from higher security, increased access and management of third parties as well as new and expanded digital services.

[Read more…] about Oceaneering selected to ‘digitally’ transform Pacific Drilling’s global fleet